Foresight has made a £5 million growth capital investment into Spektrix Limited, the UK’s leading provider of cloud-based ticketing, marketing and fundraising software for the arts.

The investment on behalf of Foresight VCT plc and Foresight 4 VCT plc will be used to accelerate product development and support Spektrix’s international expansion, particularly in North America where it is already working with nearly 100 arts organisations. As part of the investment, Foresight has taken a minority equity position in the company.

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